TotalEnergies Extends Fuel Price Caps Across France

The French energy firm will keep gasoline at 1.99 euros per litre at 3,300 stations. It also announced lower fixed prices for major holiday weekends in May.

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TOTALENERGIES SE will extend fuel price caps across France throughout May, limiting gasoline prices to 1.99 euros per litre. The policy, first implemented in March, responds to rising oil prices linked to the ongoing Middle East crisis. Investors are monitoring how these retail price ceilings impact downstream margins while global crude costs remain volatile.

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